马斯克还将负责领导特朗普新设立的“政府效率部”(DOGE)，该部英文名简称是马斯克经常挂在嘴边的Elon Musk's position as the global richest person has been further solidified, while the wealth of other billionaires and entrepreneurs has declined.
Trump's election victory has brought a sweet taste to investors, but electric auto manufacturers$Tesla (TSLA.US)$Chief Executive Officer and advisor to the new US government, Elon Musk, has tasted even more success.
In the three weeks after the announcement of the US presidential election results, billionaire Musk's wealth has significantly increased, solidifying his position as the global richest person. During Trump's election campaign, Musk was a key ally of Trump.
Musk will also be responsible for leading the newly established "Department of Government Efficiency" (DOGE) under Trump's administration, a department whose English name acronym is Musk's frequently mentioned$Dogecoin (DOGE.CC)$token symbol.
According to the Bloomberg Billionaires Index, since November 5, Musk's net worth has increased by $70 billion, equivalent to the logistics giant$FedEx (FDX.US)$or industrial conglomerates $3M (MMM.US)$ market cap. As of the close on November 27, Musk's wealth is $334 billion. Previously, his wealth had reached a new high of $348 billion the week before.
Most of Musk's wealth comes from Tesla's stocks, which according to the Bloomberg Billionaires Index is about $137 billion. Since Election Day, Tesla's stock price has risen by 32%.
Other billionaires have not enjoyed such benefits. Currently ranked third on the Bloomberg Billionaires Index$Meta Platforms (META.US)$ (META) Founder Mark Zuckerberg's wealth has actually decreased.
On election day, Zuckerberg's wealth was $203 billion, since then, it has decreased by $1 billion to $202 billion. Like Musk, most of Zuckerberg's net worth comes from stocks of Meta Platforms, which have decreased by 0.6% since November 5.
Chip manufacturer$NVIDIA (NVDA.US)$CEO Jensen Huang's wealth has also declined significantly since election day, mainly due to Nvidia's stock price dropping by 7% since announcing their performance on November 20. One of the reasons is also the proposal by Trump to impose tariffs on Chinese commodities. On Thanksgiving day (November 28), Huang's wealth was $118 billion, lower than $122 billion three weeks ago.
Google co-founder Larry Page's net worth has not changed since election day, still at $153 billion. A week after Trump's victory, Page's wealth did increase to $163 billion, but after the US Department of Justice suggested Google should sell the Chrome business, Alphabet's (GOOGL) stock price plummeted.
Editor/rice
